Rose (Oasis) looks interesting.
What is Oasis?
Oasis is a privacy-focused layer-1 proof-of-stake smart-contract blockchain engineered by Oasis Labs. Let’s unpack that definition.
Privacy-enabled: Unlike on Ethereum where all transactions are available for anyone to see, on the Oasis blockchain, it is possible to shield transactions/computations so that users and applications are always in confidentiality.
Layer-1: A base layer blockchain like Bitcoin, Ethereum, or Polkadot.
Smart-contract: Also called decentralized applications. Think of them as apps in the AppStore. Uniswap, Sushiswap, Aave, Compound, etc.
POS: This is the consensus mechanism. In proof-of-stake, validators and nominators stake tokens to secure the network and earn inflationary rewards.
It's been described as like a blend of Ethereum and Polkadot. Polkadot calls them Parachains; Oasis refers to them as Paratime Layers. What interested me about it initially was the Smart Contract functionality; touting it as privacy focused & compatibility with Ethereum; with one of the layers an Ethereum Virtual Machine is a plus. Currently 3 Paratime Layers; the Ethereum Virtual Machine Layer, Private Smart Contract Layers; another layer for private data storage and computing.
https://medium.com/coinmonks/4-reasons-why-oasis-network-is-worthy-of-your-attention-67c29455d4f0
Binance and Dapp Radar have both invested in them. Kind of suspicious China's state sanctioned blockchain has added them to be compatible with their network; seeing as they claim to allow private Defi; so might research more into it's privacy capabilities. Chinese Government maybe would want access private decentralized finance, possible they just see it as a promising chain & know no one will use theirs if it's not compatible with others. However I feel like Chinese Government would be adverse to allowing something which would allow their citizens to trade privately from them being able to track them.
https://www.coindesk.com/policy/2020/11/25/chinas-state-sanctioned-blockchain-project-bsn-adds-polkadot-oasis-bityuan-to-network/
They have a grant program to encourage development on it & chain is already live.
"The best way for projects and blockchain entrepreneurs to get involved is to apply to our new $160m Ecosystem Fund. We’ve brought together some of the best backers from AME Cloud Ventures, Dragonfly Capital Partners, Draper Dragon Fund, Electric Capital, FBG, Jump Capital, Kenetic Capital, NGC Ventures, Pantera Capital and Oasis Foundation among others. All to fund the next generation of Defi, DAO, Web3, NFT, and Metaverse projects on Oasis— So if you’re looking for funding to bring your existing Ethereum Application to the Oasis Network — apply today"
So if it can do all these things with lower fees than Ethereum, faster & private Defi; do see potential in it. Will be one I'll research more. They also boast of partnerships with a bunch of top University; as well as contributions from team member from Google, Amazon, Goldman Sachs, Harvard & Standford. One of the more interesting Crypto still under a dollar. Right now it's trading at about 29 cents each.
Zero Knowledge Proof is one privacy integration they've mentioned, which allows one party to prove to another a statement is true without providing any additional info. So in this application; someone could store their private information, credit score or bank information & it be used by Smart Contracts; without the node or app operators actually able to see the information. Just what you want to share with them supposedly. However they do tout this ability to share your data in a confidential way separately from private defi, so if truly private focused in it shields your transactions from anyone being able to see them (Like Monero with Smart Contract Capabilities); would maybe be a next generation smart contract crypto which could really catch on.
Privacy-Enabled Blockchain: The Oasis Network is the world’s leading scalable, privacy-enabled blockchain. ParaTimes on the Oasis Network can leverage privacy-preserving technology enabling users to share their data to earn income while keeping it totally confidential, unlocking new Web 3 use cases like digital identity and private metaverse applications for blockchain.
Scalable, Private DeFi: The DeFi market is still in its infancy, with trillions of dollars in existing financial markets ready to enter the space. The expansion of DeFi is limited by a lack of privacy, security as well as high fees. The result is an overloaded and expensive system that’s impossible to scale. Oasis Network is a Layer 1 blockchain that can expand DeFi beyond early adopters into mass-market adoption.